Nearly Half of All Cellular Traffic Will Be Off-Loaded to Fixed or Wi-Fi Networks by 2017; 4G Expected to Support Nearly 10 Percent of All Mobile Connections by 2017
SANTA CLARA, CA — (Marketwire) — 02/05/13 –Revenue of $1.24 billionOperating Income of $23 Million, Non-GAAP Operating Income(1) of $193 MillionAdjusted EBITDA(1) of $251 MillionAvaya Inc., a global provider of business communications and collaboration systems, software and services, today reported results for the first quarter of fiscal 2013. For the first fiscal quarter, revenue was $1.24 billion, down 2.9% compared to the prior quarter, primarily due to seasonality and reduced demand in th
SUNNYVALE, CA — (Marketwire) — 02/05/13 — Infinera Corporation (NASDAQ: INFN), a leading provider of digital optical networks, today released financial results for the fourth quarter and fiscal year ended December 29, 2012.GAAP revenues for the quarter were $128.1 million compared to $112.2 million in the third quarter of 2012 and $112.0 million in the fourth quarter of 2011.GAAP gross margins for the quarter were 34% compared to 37% in the third quarter of 2012 and 40% in the fourth quarter
SUNNYVALE, CA — (Marketwire) — 02/05/13 — eGain (NASDAQ: EGAN)Total quarterly revenue up 37% sequentially and 36% year-over-yearQuarterly cloud software revenue up 21% sequentially and 76% year-over-yearDeferred revenue of $22.4 million, up 339% year-over-yearUnbilled deferred revenue of $18.1 million, up 42% year-over-yearNet income of $641,000, or $0.03 per basic and $0.02 per diluted shareeGain reiterates guidance for fiscal year 2013 cloud revenue growth of at least 50%eGain reiterates g
Record Annual Revenue of $113.0 Million; Record Quarterly Revenue of $30.4 Million; Record Annual Income From Operations of $7.6 Million; Quarterly Income From Operations of $2.3 Million; Annual EPS of $0.42; Quarterly EPS of $0.12
PETALUMA, CA — (Marketwire) — 02/05/13 — (NYSE: CALX) today announced financial results for the fourth quarter and fiscal year ended December 31, 2012. Revenue for the fourth quarter of 2012 was $91.4 million, an increase of 12.5% compared to $81.3 million for the third quarter of 2012, and flat compared to $91.6 million for the fourth quarter of 2011."Strong fourth quarter results ended 2012 on a positive note," said Carl Russo, Calix president and CEO. "We are carrying this
MONTREAL and ATLANTA, GA — (Marketwire) — 02/05/13 — , a leading provider of cloud-based insurance applications for the global property & casualty (P&C) insurance market, today announced that has successfully adopted Oceanwide-s Bridge cloud-based insurance processing application.CRES, a leading provider of E&O insurance and risk management products to the real estate industry, will utilize for processing business in all lines of business the company currently writes. Bridge is
CHICAGO, IL — (Marketwire) — 02/05/13 — announced today it has achieved Cisco® . To earn Gold Certification, LaSalle Solutions has met the rigorous standards set forth by Cisco in networking competency, service, support and customer satisfaction."Receiving the Gold Partner status is a great achievement," said Steven Robb, President – Solutions Group at LaSalle Solutions. "We have a long-term commitment to Cisco as a key strategic partner and this recognition reflects our